Environment Minister Prakash Javadekar flew in to join counterparts from 195 countries to deliberate on the 48-page draft that still contains all the unresolved options on the key issues at stake and will form the basis of efforts to to formulate a binding deal.

As the 12-day climate talks enter its crucial final week, negotiators appeared confident that some kind of deal will be reached before the next weekend and they will be able to avert a repeat of the 2009 Copenhagen summit - that failed miserably.

Analysts said any deal emerging from Paris is likely to fall short of what is needed to cap global warming at 2.0 degrees Celsius or below.

In 2009, rich countries had pledged to mobilise USD 100 billion a year in climate finance for developing nations from 2020. Developing countries including India have been demanding them for early disbursal of the funds and clean technology to mitigate the greenhouse gas pollution.

Yesterday, Javadekar said India is determined not to make the Paris climate meet like past summits where nations returned with 'false optimism and fictitious hopes' and would ensure that rich countries pay back their 'debt for overdraft' drawn on the carbon space.

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